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Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic
Justice Department and EPA Probe Telecom Companies Over Lead Cables
EPA demands data under “Superfund” law, prompted by WSJ articles. Source link
Hedge Funds Seek to Cut Off $1 Billion Meant for Opioid Victims
Drugmaker Mallinckrodt is talking to hedge funds about filing for bankruptcy and avoiding payments intended to help people addicted to opioids. Source link
U.K. Reviews Safety of Ozempic, Other Weight-Loss Drugs
Drug regulators said they have received several reports of suspected suicidal and self-injurious behavior in patients taking the drugs. Source link
Biden's 'Made in America' Pledge Collides With His Climate Goals
Companies and lawmakers are trying to influence how the government gives out billions in subsidies. Source link
Meta’s Threads Isn’t Labeling Propaganda Accounts From Russia, China State Media
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Foreigners Will Benefit From U.S. Climate Subsidies, and That Is Good News
The U.S. will need to be a player in key industries if it wants to retain its perch as the world’s top economy. But it
Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia
The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source link
Pouring Ice Into Concrete: Builders Adapt to Extreme Heat
Engineers and architects seek solutions as roads, bridges and train tracks are buckling from extreme heat gripping the globe. Source link
Russia Defies Sanctions by Selling Oil Above Price Cap
Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago. Source link